Food for thought on the federal program formerly known as Food Stamps!
The federal government and the U.S. Congress is piling up on government debt and budget deficits like there is no tomorrow! Thereby also driving price inflation and mounting interest payments! This is just another appalling example!
This is clearly a vicious cycle!
This is also in stark contrast to and a quasi displacement of the long and great tradition of private voluntary food banks by Big Government in the U.S.!
"For context, SNAP expenditures in fiscal year 2000 totaled $17 billion (FY 2000 was Oct. 1, 1999 - Sept. 30, 2000. All annual costs that follow are for fiscal years). That’s a lot more than the $9.2 billion spent on the program in 1980—even after adjusting for inflation—but with population changes and such, perhaps one could argue that doubling the spending over two decades was reasonable. ...
In the following years spending on the program continued to increase, and by 2010-2019 annual expenditures were hovering around $70 billion per year. And when the pandemic hit, all bets were off. In 2021 SNAP costs soared to $113.7 billion, by far the highest in the program’s history. In 2022 costs were $119.2 billion. And for 2023, Congress has generously provided $153.8 billion for the program, roughly double what was spent just 5 years ago. ..."
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